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Mind over Optimism.

Jitendra said,

The mechanical part of my mind asks me to go short almost everyday after see technical indicators but it has to face huge resistance from the optimistic human part of it, which everyday hopes for a bounce back from oversold level. “Winning in trading requires winning emotion first.”

My notes,

Market is in intermediate downtrend. Nifty is making new lows. Discipined trading requires following the trend – correctly desires to go short. But, the experience of the past two year bull market remains with us, every dip is followed by a sharper rally. This causes conflict between the optimism and trend. Well, you have to sort it out yourelf.
You should also have some emotions while trading because sometime these emotion save us from a big loss.

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